Hobart, IN Real Estate

According to census data in the year 2000 there were 10,277 housing units in Hobart. This represents a 23.8% growth from 8,302 in 1990.

Of those housing units, 9,235 were located in either urbanized areas or urban clusters, and 1,042 were located in what is classified as a rural area.

Homeownership rate in Hobart is about 80.3%. Hobart's vacancy rate, including seasonal lodging, is about 4.3%. Average household size is 2.56 people.

The majority of houses, apartments or condos in Hobart were built after 1960.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom7.40%
Two Bedrooms26.60%
Three Bedrooms52.60%
Four Bedrooms10.60%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.59
Median year structure was built1958
Median Value of occupied units$97,700
Median Price asked for vacant units$112,300

Rented Homes, Apartments and Condos

Average Household Size2.44
Median year structure was built1966
Median Monthly Rent asked for vacant units$569

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage8%
Home Equity Loan8.60%
Simple Mortgage51.60%
Debt Free31.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17%